A Personal finance blog for saving money and earning more and thus having a better life
Money is the main reason businesses exist. However, many businesses cut corners in the wrong departments. This could easily lead to your business going under if you’re not careful.
There is always a fine line between proper cost-cutting and ruining the image and progress of your business. So how exactly do you save money without causing problems in the future?
Effective employee scheduling is very important for the growth of any business. Research has shown that good employee scheduling can boost job satisfaction. When managers and employees have a balanced schedule, they are happier and thus more productive.
However, when you are starting, employee scheduling can appear to be a daunting task. Here are 8 tips for effective employee scheduling:
So long as you know how to go about it, we believe that you can save money on anything. Every single part of your business can be streamlined and made more cost-efficient if you’re willing to put the effort into refining your methods, and deliveries are no exception.
In fact, they’re a prime place to start. With the rise of internet commerce meaning that every successful venture must have a strong online presence, shipping is a fundamental part of the customer service you provide and has a significant impact on how your clients rate their experience with you.
Making changes to processes in an active business is like changing the tires on a car at highway speed. It may be worth it in the long run, but it’s a huge challenge in the short run. The best way to approach such transitions is to find the slowest possible times of the year to implement changes.
One time of the year that things slow down just enough to make some changes is the first couple of months of the year. Everything is closed out and cleared out, and you can start the new calendar with some new techniques. And if you’re just now venturing into business, start on the right foot.
If you felt that 2015 had too much complexity, too many errors, and not enough good news from taxes, look through some of the possibilities for saving in 2016.
So you are looking to expand your business but you just don’t have the financial capital to do so? Well, maybe you don’t need to go out and search for loans or other financial assistance. Perhaps you can just use this money saving tips in order to squeeze a bit of extra financial juice out of what you already have.
I run two blogs, including this, as a side business. I earn a decent income from them, after paying taxes I am left with enough extra money to pay the monthly mortgage with additional principle. There’s almost no expense apart from the hosting fee and email software fee. I run the businesses with just above $40 a month.
This post is geared towards small business owners who wants maximum efficiency at a tighter budget. The solution, turning to tools and technology. It’s really not personal finance in a true sense. But it’s definitely personal business finance. The same way I wrote about marketing your business on a budget, and low cost small business ideas
SMEs, start-ups and freelancers are more sensitive to the quality of the management of their budgets and cash flows that most businesses larger entity. Fortunately, in our times, you can enlist the help of technology to manage accounting of your company and improve the financial health of your business.
I am not a business person in true sense. But, this blog is a business for me in many ways. It earns me my mortgage, taxes and insurance bills. It also filling up my retirement income. But at the same time, you may consider this a hobby that is commercialized. Whichever way you think. Starting a business to live your dream often starts with small endeavors. Careful planning, lots of enthusiasm and enough hard work. These are needed more than financial resources.
Let’s face it; as long as you are working for someone else, your future is not in your own hands. Most of us have to work to live, but there is no reason to live to work. A majority of workers dream about being their own boss, yet feel stymied when it comes to starting their own business.
OCAAT is a side business for me, well, not in every sense. I write as I enjoy writing. Through this blog I meet 100’s of people virtually everyday. The blog gives me satisfaction to the extreme and a feeling that I am one of the few in this world. I did blog marketing and continue to do so. I do market my blog without spending any money on it. When I got the below guest post, I felt it resonated my feeling. I put my thoughts at the bottom of this article.
There was a time when the only way to effectively market your side business was by spending thousands of dollars on advertising. From television commercials to radio spots and from roadside billboards to printed ads in newspapers and magazines – these were the major sources of gaining visibility and attracting customers for a business.
The following is a guest post which is mainly geared towards business owners. Enjoy the post!
If an account provider is going to perpetrate fraud against its customers, the easiest way to do it is through the manner in which the merchant account rate info is presented. Hidden fees can dramatically increase the price of accepting credit card transactions, especially if the profit from those fees has been elevated simply to benefit the processor’s bottom line.
Beware of Buzz Words
The following is a guest contribution which is geared towards the businesses in general. There are values to be had for you as an individual as well. Enjoy the post.
Competition is one of the bedrock foundations of a free economy, forcing both consumers and producers to eliminate waste in any way they can. Every business owner is aware of the ever-present competition, and challenging economic periods only make competition more aggressive.
If you expect your business to survive, you have to be looking for ways to improve the bottom line. Since raising prices is only rarely an option, that usually means removing waste.
